Myanmar exports rice to over 50 countries and more than 70 per cent of exported rice goes to China, according to the Ministry of Commerce. Traders export rice to China via both border routes and shipping lanes but use the former more. Between April 2016 and January 2017, the country exported 1.15 million tonnes of… Read More »
Vietnam is a big rice exporter, but the world only knows Its white rice products with different broken grain proportions. Vietnam’s rice exports do not bear a Vietnam brand, but they are put in bags with import countries’ labels. In the domestic market, Vietnam’s rice is less favored than imports from Thailand, Cambodia, Taiwan and… Read More »
Rice prices have marked a sharp rise in the district due to a fall in import and the ‘monopoly’ of a syndicate of some rice mill owners. Visiting retail markets in the city, the UNB correspondent found coarse rice was selling in between Tk 34-35 per kilogram, up from Tk 26-27 barely weeks back. Besides,… Read More »
Five companies have won contracts for the export of 50,000 tonnes of rice to Sri Lanka by June, according to the Myanmar Rice Federation. Commerce minister Dr Than Myint held talks with a delegation led by the Sri Lanka ambassador to Myanmar, KWND Karunaratne, at his office in Nay Pyi Taw on January 23 and… Read More »
Sri Lanka has entered into an agreement with Myanmar to import 50,000 metric tons of rice by June, according to the Myanmar Rice Federation (MRF). The Myanmar Rice Federation, the national organization for the rice industry which is responsible to negotiating rice export deals, said five companies have won contracts for the export of 50,000… Read More »
Vietnam farmers face another difficult year as confidence falters with industry analysts particularly pessimistic the country will reach overseas sales of more than five million metric tons in 2017, the Vietnam Food Association has said. Speaking at a recent industry forum in Ho Chi Minh City, Huynh Minh Hue, secretary of the Association, noted that… Read More »
Myanmar exported over 1.2 million tons of rice in nearly 10 months of the current fiscal year 2016-17 as of January, earning 376 million U.S. dollars, according to the figures of Ministry of Commerce of Myanmar Wednesday. Of the rice export, 68 percent or 800,000 tons were done through border trade, while over 400,000 tons… Read More »
Until January 27 this fiscal year, the country exported 1.15 million tonnes of rice and broken rice, down nearly 140,000 tonnes from the same period last year, according to the Ministry of Commerce. Assistant permanent secretary Khin Maung Lwin said: “Foreign countries have offered to buy rice under a government-to-government deal. Sri Lanka now wants… Read More »
A senior Shipping Ministry official said that the change in the strategy has been triggered by the regular bickering between the Centre and West Bengal government, which is not very conducive for developing projects in Myanmar. The Centre is the process of developing the Kaladan Multimodal Transit Transport Project (KMTTP), which aims to create a… Read More »
Minister Mahinda Amaraweera says prices of rice will be reduced within next few days. A special discussion has been held with the President in this connection with the aim of reducing a price of killo below 76 rupees. A stock of white raw rice will be imported immediately from Myanmar and will be sold at… Read More »